Hi everyone. I am currently rebuilding . I have several collections . All medical except for one which is for direct tv . I also have up to 180 day lates on two student loans. I was under the impression i was in forebearance during this period. I have disputed and been denied the change so that will stay unless i can be granted retroactive forebearance.
Anyway I recently had my score jump to 642 on experian only because of a CC finally reporting after 6 months . that I am an AU on.
My two questions are:
1. I called Kia because it sounds (from their commercial that everyone gets approved) and asked about getting financed they made it sound good but wanted to pull my credit first. Also , I don't want to finance a Brand new car, i want to sell my clunker first, and bring the cash as a down payment and finance a used but fairly new car around 8,000 with a 2,000 down payment. the sales man says its much harder to get approved for a used car. that makes no sense because its less money involved but one more person told me that is true. I thought i would ask here in hope that they are wrong. Is it harder to get approved for a used car even if its less money at risk?
2. My second question is my TU and EQ are way worse than experian i'm talking 505 and some other very low 5's should i even bother applyng and risk losing more points for nothing or stay in the garden and hope my car (which is really doing badly) keeps me going until my scores improve?
